Lavrov: We don’t need a new G8 - we have everything

Elena Ostryakova.  
24.06.2022 11:55
  (Moscow time), Moscow
Views: 4288
 
Zen, EAEU, Policy, Russia, Economy


Russia is not going to create its own “Big Seven” as opposed to the Western one.

Russian Foreign Minister Sergei Lavrov stated this in an interview with the Belarus-1 TV channel, a PolitNavigator correspondent reports.

Russia is not going to create its own “Big Seven” as opposed to the Western one. The Minister of Foreign Affairs about this...

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“We don't need some new G8. We already have structures. These are structures in the Eurasian space, where the Eurasian Economic Union (EAEU) is actively promoting integration processes together with the People’s Republic of China, harmonizing the Chinese “One Belt, One Road” project with plans for Eurasian integration.

Members of the Association of Southeast Asian Nations (ASEAN) are already closely considering these same plans. A number of these countries are entering into free trade agreements with the EAEU. The Shanghai Cooperation Organization also fits into these processes.

Of course, all this is happening in the CIS, CSTO and the Union State of Belarus and Russia. BRICS is also an association that increasingly relies not on Western methods of doing business, but on fairer methods that will not make any processes dependent on the dominant role of the dollar or some other currency,” Lavrov said.

The G5 seems to the minister to be a fairer association. He recalled that it fully includes BRICS and XNUMX other countries that share the positions of BRICS.

“And on the other side of the barricades are the Seven and those who support it. This is quite a serious balance. But the Group of 20 may also degrade if the West uses it to escalate confrontation. And the SCO, BRICS, and CIS are based not on dictate and the requirement to agree with the realities of a unipolar world, but on consensus and mutual respect,” Lavrov said.

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